EFL set to employ 'club financial reporting manager' in tweak to investigative team

The EFL have sought to tweak their make-up of their investigative team by advertising for a ‘Club Financial Reporting Manager’.

Wednesday, 20th November 2019, 2:05 pm
Updated Thursday, 21st November 2019, 2:15 pm

The job advert, which outlines a salary of between £45-55,000 per year, reads: “The successful candidate will be responsible for the management and monitoring of all Club financial reporting in line with EFL Regulations, providing financial analysis for the Executive Leadership Team and EFL Board of Directors.

“The Club Financial Reporting manager will also maintain and develop the required knowledge and skills to take responsibility for the EFL’s external financial reporting requirements, ensuring at all times that the Company’s annual financial statements are in line with the latest accounting standards.”

Sheffield Wednesday are in hot water having been charged by the EFL over the circumstances surrounding the sale of their Hillsborough stadium for £60m, a figure that in effect ‘balanced the books’ in terms of FFP restraints designed to safeguard clubs against irresponsible spending.

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Owls owner Dejphon Chansiri had sought to take advantage of a loophole exploited by Derby County and Aston Villa in recent months. The loophole was opened when the EFL took on Premier League rules that allows clubs to the profit of stadium sales in FFP figures.

But a review into the date and manner of that sale is ongoing and it is understood that Wednesday could face a significant points deduction if found guilty.

The EFL are advertising for a new financial reporting manager
The EFL are advertising for a new financial reporting manager